Editor, Bank of Kigali is once again demonstrating how Rwanda’s economic “pedal” can lead us to middle income status. MTN and BK’s partnership for financial inclusion is timely; more homework should be done to increase inclusion, however, the initiation and innovation therein should be sustained by financial literacy. Deliberate targets like youth and peasants are indispensable for sustainable local economic development. Private sector, civil society as well as government are equally needed in financial literacy if ever financial inclusion was to spur Rwanda to middle income status. JK Reaction to the story, “MTN, BK in partnership to promote financial inclusion” (The New Times, June 12)
